BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.007202000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Gapping Down Doji’ candle chart pattern is found. The candles show ‘Gapping Down Doji’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Gapping Down Doji’ heading down is 57% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008454000 |
| 2nd High | 0.008282000 |
| Next High | 0.007202000 |
| Current Price | 0.005601000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Gapping Down Doji